Financial
Distress signals
Property profile

425 Washington St Providence, RI 02903

OFF-MARKET
Showrooms
Property ID
US76-0235288
11,602 SF 0.51 ac lot Built 1970
Last sale Feb 2025 · $1,383,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This flex property totals 11,602 square feet on a 0.51-acre site and includes approximately 1,300 square feet of office space. The building is supported by four grade-level (drive-in) doors for industrial or service use and is served by a paved parking area. The property is located at the corner of Washington Street and Winter Street in Providence within an established urban commercial setting, and it has been used as an operating facility for CrossFit Providence, with potential to accommodate

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$455k
Assessed land$196k
Assessed improvement$259k
Effective rate3.51%

Value estimate

· Sep 2026
$1.37M
$1.23M – $1.50M
AI approach$1.31M
Sales comparison$1.40M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$213/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$121 – $316
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larg...
General categoryCOMMERCIAL
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service10.8
Carpet & Flooring Store8.9
Dry Cleaner8.5

Location

425 Washington St Providence, RI 02903-3509
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
369 Main, Providence, RI 02903-2912 $1,712,500 Jun 2025 5,120 SF
200 Broad, Providence, RI 02903-4029 $1,275,000 Mar 2025 10,285 SF
300 Exchange, Providence, RI 02903-1048 $1,000,000 Dec 2024 12,900 SF
60 Ship, Providence, RI 02903-4219 $3,300,000 Dec 2024 4,617 SF
266 Broadway, Providence, RI 02903-3041 $1,475,000 Oct 2024 15,800 SF
51 Pne, Providence, RI 02903 $2,100,000 Dec 2022 20,918 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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